Panellists at the SFT Technology Symposium hailed newly-invigorated tailwinds for technology adoption in repo markets, although there is still significant headroom for growth
The sponsored cleared repo sector has climbed from approximately $30 billion in daily volume in early 2017 to a peak of over $525 billion in March 2019, with daily volumes in recent months consistently above $200 billion
The dealer-to-dealer electronic trading platform for fixed income markets says its European repo business, including sterling and euro transactions, produced two record-breaking months in a row in February and March
The new P2P repo marketplace is accessible to non-financial corporates, asset owners, pension plans, regulated funds, insurance firms, and hedge funds, regardless of whether they are State Street custody clients
The Deutsche Boerse subsidiaries aim to tackle the 鈥渟ubstantial balance sheet consumption from repo trading鈥 that continues to constrain banks and broker-dealers and limits their ability to provide liquidity